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-taking that we get. and it's probably true that if we increase the tax rate we will get a rapid contraction in another risk taking but that is a compounding effect that can grow quite large overtime. in the same what if we stopped investing this year, it's not like economy would collapse. it will gradually slow down over time. and so higher payoffs for risk-taking, one is the they increase the bar for success. the united states most talented people work longer hours while their counterparts in europe and japan work fewer hours. the rest of the economy as people have grown richer they've had a reduction in the amount of work that they've done. so that's one of the things that's happened, keeping up with the joneses if you will. that work effort and the risk-taking that it represents creates companies like google and facebook in countless of other companies, innovations that we have enjoyed in the united states more than in europe and japan. and that creates valuable on the job training for our most talented workers. and so again you get the training and increases your probability for success
the foundation of supply side economics. why when you cut taxes, which are just like a price, you reduce costs across the economy and allow the united states to expand the global share of the ever markets or enterprise and wealthy. that's why supply side economics works. it's not merely by balancing the budget or overcoming debt or one of these accounting gem micks that are often treated as conservative economics. it's opening the horizon to the economy to human creativity. and human creativity always comings as a surprise to us. you can't plan it. if you get k plan it, you wouldn't need it. >> can p mitt romney use the phrase politically supply side economics. i think he could if he says that he's reviving the reagan administration. the book was quoted more by -- president reagan most quoted author. he quotedded the book regularly throughout the administration. and reagan didn't balance the budget. he had actually during the reagan administration there was a trillion dollar enclose in government debt. he was winning the cold war. but the private sector increased the assets by some 17 trillion
for the government, which also administrates prices, and called taxes, and so lower tax rates expand the economy and lead to more revenues for the government. and last zerosome struggle over government favors. >> we have been talking here on booktv with george author of several books including a new edition of "wealth and poverty" which came out originally in the early '0eus. this is booktv on c-span2. coming up next edward griffin. the an libertarian conference held in las vegas. he talks about the book the creature from jekyll island. the creation of the federal reserve system. it's over fifteen minutes. the book on your screen written in 1994. it is currently in the 32nd print. this sphift edition. and the author is g. edward griffin. these joining us on c-span2 in las vegas. who is the creature from jekyll island? >> what is the creature. >> yes. i had fun with the tight. i thought if anybody saw it this the bookstore, they might think it was a equal to jurassic park. it is they are the federal reserve m and the reason for the jekyll island connection was because one of the most springing th
with him, sitting next to him, not having dinner, sitting next to al gore is taxing. it is really unpleasant. we asked him what was going on in the white house and he said 1%. i believe it is higher. but if we step back, we often don't know what is going on. that is the dilemma. i want to talk briefly and then answer questions about her new book that i have done, which is just out, called the price of politics. it is about 3.5 years of negotiations between the obama white house and the republicans in congress and the democrats. how they essentially tried to bring the federal government's financial house to some kind of order. the answer is they failed. we have a federal government whose financial house is in total disorder, total disarray. it is a historic problem. to try to put it in english, we have a trillion dollars of iou outstanding in the world. the negotiations, they agreed to raise what they call the debt ceiling, so the government can borrow a couple more trillion dollars. we are going to run it run out of that borrowing authority january or february of next year. they'r
into hiding, trying to generate demand through tax cuts for 95% of the work force, gigantic checks to states to prevent massive layoffs, aid to victims of the great recession, basic infrastructure projects. then start to look and it has $27 billion worth to computerize our pen and paper health care system so a doctor doesn't kill you with his chicken scratch and writing. it authorizes new high-speed rail network, the biggest transportation initiative since the interstate highways, extended our dishing -- existing high-speed internet networks to underserved communities with imam -- modern twist of the electrification program. and research money, modernize the unemployment insurance would hadn't changed since the new vehicle. it launched a new approaches to preventing homelessness, overseeing government spending, and forecasters agree it stops the terrifying free-fall. gdp was crashing 8.9% in the fourth quarter of 2008. that is a depression. we would have lost the entire canadian economy without putting 2009. it is funny. job losses peaked in january of 2009 right before the stimulus has. tha
it was paid for through gasoline taxes. [applause] thethe st. lawrence seaway connecting the great lakes, opening the great lakes to traffic again had been on the drawing board since the administration of theodore roosevelt and eisenhower -- eisenhower took, assumed the presidency in a time of mccarthyism and incredible communist witchhunt. he did it as he did so many things in the background. it was eisenhower orchestrated the army's response in the army mccarthy hearings. i'm not going to get into a contest but that stunk. and when it was over mccarthy had him vanquished but i think it was the desegregation issue perhaps in which eisenhower most often underestimated. president truman had ordered the army to be desegregated in 1950 but the that the army had not complied. 85% of the army was still segregated when i had to power. ike ordered the military services to desegregate and of course this was a new supreme commander whose words they immediately obeyed. he culminated the segregationists of will service and after brown versus board of education, and he ordered the integration of the
the individual mandate was a permissible use of taxing power of congress and not the commerce clause, and thus the law would be upheld. subquestion finally anticipate why, why did roberts do that? and i think there were three main reasons. one is, i think you have to take his opinion at face value. eastham thought it was a legitimate use of the taxing power. i think the second and third part more important. the second and third are that, the second is that john roberts saw health care as many people saw health care, as the third in a trilogy of cases, starting with bush v. gore in 2000, citizens united in 2010, obamacare in 2012 your and that, in those first two cases you had five republicans justices dashing the dreams of democrats in what would seem to many as a very partisan case. as they sat down to vote on health care, it looked like the same thing was going to happen. the five republican nominees were going to trash a democratic dream. roberts recoiled from that ip. roberts has a very keen sense of politics in the larger sense. and he knew and cared deeply that the supreme court not be r
. we had a history in many states. poll tax, literacy test, bizarre registration hours. we passed the civil rights law to prevent that. the second city right not to have your vote canceled up by someone who is an illegal alien, and died, voting twice, or someone who does not even exist. that to file its your sole rights. we can do both. now, an obstacle to this is to reference the previous speaker on fast and furious, the eric holder justice department. they claim there is no voter fraud america. the clinical want to poll taxes. eric holder himself said that. they are suing any state that they can sing their voter i.d. lot is unconstitutional even and has been up held by the supreme court. so where are we with the lyrical the justice department? a complete stall. well, this is no accident. the president of the united states got his start with these issues. his first major political challenge chicago for barack obama was with a group called project vote, a voter registration effort that registered 135,000 people and illinois in '91 and '92. project vote was allied with and an affil
pleaded to the same about events occurring in dallas, taxes on november 22nd and in his testimony before the warren commission. he doesn't know what it is but he looks up and in kennedy's car which is two cars that had he sees what he calls in his report not normal movements. the president appears to be tilting to the left. we know now the poignant tragic reason that kennedy was tilting to the left was because although he had been hit by one shot he couldn't fall down because president kennedy had this terribly bad back and he wore a heavy corsets and on days like the dallas day where he knew he was going to have a long hard day, he would rather around his legs and his waist of bandage in a figure reconfiguration to give him extra support. when he was hit by the first shot he goes like this and staff hit by the second shot. youngblood sees not normal movement. the president children and at the same moment he sees an agent in the second car. the secret service car rising to his feet and grabbing his automatic rifle and looking around. he doesn't know for what. we know what youngblood does
they needed to get another set of computer service. so who did he go to both smart tack. smart tax roll raises an amount of very interesting questions. i went through the returns as deeply studied. there were several lawsuits. you can see when the returns came in that night. and what happened as the night wore on a november 2nd, 2004, was a very, very close election. it was clear the election would come down to who won florida, who won ohio. these are the last two key battleground states. around 11:00, the networks finally called it for florida and that meant there was one crucial state as steaming, ohio. whoever won ohio would win the electoral college. the exit polls were in and they showed kerry winning ohio by 4.2%. suddenly i'm in millions of people started blogging on to the secretary of state's computer in ohio. traffic went through the roof. it went up 700%. that means the computers and cat country and chattanooga, tennessee had kicked in at 11:14 p.m. and suddenly in county after county to report it, there were these striking anomalies. the next 10 counties in a row. this raises a lot
who are taxed who pay for a good standard of benefits for retired people but may nazis such benefits for themselves when it this same situation. this is the problem has mrs. thatcher e equipped we are running out of other people's money. finally, obama is a child of the sixties. literally. born 1961 to the interracial couple his father was sent and technology list and that is undeniable his mother was said to be far merck trial who earned a doctorate of cultural anthropology heard pfizer was john dewey's granddaughter. you cannot make this up. four obama's 1960's ran through the early '80s. until the success of ronald reagan became clear. obama's suffered on the civil-rights movement and of the new left. he determined to experience them vicariously. he tried drugs as he confessed and hence autobiography, "dreams from my father." rallied against south africa , political speeches, community organizers, tried to get in touch with the black experience a and in general search for meaning to use a formulation he could not to reject. he shared the 60s existentialist mood everyone must find
raised gas taxes to pay for road construction, he -- throughout his tenure -- flawed the government to absorb waves of migrants. it is sometimes sad that california during this period roughly from the dust bowl to the end of the second world war, just after the end of the second world war was on the receiving end of the largest peaceful migrationing in human history. there's no way to know for sure how many people arrived in california in that period, but warren liked to say that it was his responsibility to provide for 10,000 new people every monday morning. among those who returned after the second world war were california's japanese, and warren -- who had encouraged their banishment -- also welcomed tear return and saw to it that they were protected as today returned to their lives. he signed the brown act which gave california its open meetings laws, and in a little-noticed act, he signed the bill that ended legal racial segregation in california schools. i'll return to that in just a minute. he was, through all of that, a guy gantically dominant figure in california politics.
on a jury or pay taxes, very comfortable with that. one reason i'm incredibly comfortable with that is that in the 2018 election by think it was, 70 million people didn't vote and 80% of those people were unregistered seÓul registration is one of the biggest barriers to voting. also when we talk about things like purging people from voting rooms and about the provision about what's not being counted and people not being on the rule, a lot of that is directly related to the registration problem. so very comfortable with a voter registration. in terms of the mandatory voting its its local question and i think other countries do have mandatory voting just like the jury service or some people have to serve in the military in the compulsory service. one problem with it is i think we have a culture of liberty here in this country. so if we have mandatory voting i certainly think we would want to have a none of the above option so that people could exercise it. politically though we don't know if it is realistic. i think a lot of people would resist it. as opposed to the need fo
buildings and properties in the city which don't pay taxes but use our services and use our roads, put the stress or extra burden on property taxpayers. that is part of the burden they have to bear for being the capital city and some times what the state wants to do doesn't necessarily follow the typical ordnances most businesses and residents have to comply with. city ordinances don't necessarily apply to the state so it can be a fraction point but we try to work through those things and understand the benefits of being the capital city far away from the down side that we have to deal with but the biggest challenge is always jobs and that is true of any community. you have seen what we have to offer. it is a vibrant community and there's a lot going on and a brand-new hospital coming online and brand new courthouse that is a $15 million project and the commerce center down the road that is the major construction. we are going to have a big construction project on the interstate that will make traffic move better and commercial development going on in this city and in the census w
enough taxes and foreign buffet really -- why doesn't he write a check and shut up and pay more taxes? i got sidetracked. the way we overcame that adversity -- and in the united states, unemployment. i turned 50 this year and in my lifetime i have never seen unemployment like this. never seen people look for a job. and i get 15 to 20 resumes four over qualified people. those are scary times. we are living in adverse times. on top of that we have this big debt and everything and as corny as it sounds. team work -- not us against them or them against the 4 democrats and republicans how did we get to this point where you have to be a democrat or you have to be a republican? you have to believe all of what these people think for all of what these people think and you can't take it is twices. i believe a little of what you think and a little of what you think because we are two party nation. that is our demise. you can say take this guy and take this guy what he thinks and everybody -- what about congress? what about people in congress who blindly follow a president along party lines regardle
property tax. so that puts a burden on the property taxpayer so that puts a burden on the property taxpayer a commercial honor, when you have such a large volume of government -- or a large number of government buildings in properties in the city, which don't pay taxes, but yet use our services, use fire and police and go for it, use our roads, it is a stress or extra burden on property taxpayers. that is part of the burden that the city has to bear or be in the capital city. and of course, sometimes in the state wants to do some thing, it doesn't necessarily follow typical ordinances that most businesses and residents have to comply with state -- you know, city ordinances don't apply to the state. so that can be a friction point on occasion. we try to work through those things and understand the benefits of being the capital city far outweigh some of them i've do we have to do it. the biggest challenge is always jobs and i think that is true of any community. you've been around in the last week. you have to see what we offer. there's a fiber community, lot going on. or going to have a bran
college professors failing the test and had to pay a tax and we had to change that. hundreds had been arrested and jailed. my goal organization the student nonviolent coordinating committee better known as sncc. [applause] thank you. some of you remember. more than a thousand students black-and-white color the students came self and worked. the night of june 1st 1964, 3 young men that i knew, too young white men and one young african-american men went out to investigate the burning of an african-american church. was stopped, arrested, taken to jail and later the same evening they were taken from jail, turned over to the clan where they were beaten, shot and killed. these three young men didn't die in vietnam. they didn't die in the middle east or eastern europe, they didn't die in africa, they died right here in our own country trying to get people to become participants in a space process. [applause] and right now there's an attempt for both democrats and republicans to get the postal service to issue a stamp in honor of these three young men. [applause] so, we had to organize and mo
the tax exemption after all, and so my students were able to bring to that the idea that maybe she was bullied as a girl and we do know from the sources that at the age of 16 when she left home for the first time her household had become very repressive. her brothers were talking about the fact that she was going off and talking to people in other towns, and her father threatened to drown her if she went off to war. so they tried to marry her off and she actually went on her own and fought a marriage contract and she won. she wasn't the fun loving girl. she would go on little pilgrimages to places and again was a little bit odd according to their local people. she went on to separate missions she will to see the captain to try to get him to send her to the home. there was the duke and at that point they had a very mixed kind of interview one of the things she didn't want to give we have to feel the places that we study we are going to all the places that she went, studying them, and trying to get a sense of the kind of journey that she made. she went 11 days through the territory c
taxes. [laughter] [applause] at any rate, the way that we overcame this and the way we have to overcome adversity now and we are facing adverse conditions in the united states, unemployment, i turned 50 years old this year. in my lifetime, i have never seen unemployment like this or people having to look for jobs. i employ a people at my clinic and i bet i get 15 to 20 resumes a week for overqualified people. we are living in adverse conditions and times. on top of that we have all of the debt and everything as corny as it that sounds, teamwork is how we get out of that. the democrats and republicans. how did we get to this point in our country were you either have to be a democrat or a republican? you have to believe all of what these people think, or you have to believe all with these other people think. i can't believe a little bit what you think, now we are the tea party nation. that is our demise. because you can't say, okay well, you can take this guy and what he thinks, and people say, well, what about congress? we might have to have a president that's republican and one that's a
then there is a transition tax so they invest in making loans for the economic activity. you put in place incentives so they are not compensating the excess of risk and you have to repeal citizens united and get politics out of the system. [applause] she actually reports. [laughter] you mentioned that wamu has no friends in washington, d.c.. how do we have our own representatives such as cantwell? >> this is a good question and i've competed some journalists reporting on the stories we reached out on multiple occasions because after wamu collapsed she made a big show coming out saying we are going to leave this investigation into this collapse. we'll go to the guilt what happened, and so she is extremely quiet on everything and didn't do anything for the bookkeeper and is just basically to my knowledge kind of ignored it. as the mick would you think of the aftershocks scenario to the u.s. economy and how will the affect the too big to fail banks and if i read this right, the rest of us. >> the after shock. >> i can speculate on what it is, the lingering depression, the slowdown in asia, and the fact th
or as one might say, the young suckers who are taxed to pay for god standard of benefits for older retired people, but who may not see such benefits for themselves when they are in the same situation. and this is really the problem that is leading to liberalism's fiscal implosion. as mrs. thatcher equipped we are running out of other peoples' money. finally, obama is a child of the '60s. literally. he was born in 1961, to an interracial couple, his father was a ken began socialist, and anticolonialist and -- his mother was a dreamy flower child who eventually earned a doctorate in cultural anthropology her adviser was john due wee's granddaughter. as they say, you can't make this stuff up. [laughter] for obama, the 1960s ran until the early 1980s until success of ronald reagan became clear. as a young man, obama suffered a kind of '60s envy. he missed out on the civil rights movement, and on the new left. but he determined to experience them vicariously. and so he tried drugs, as he confesses in his autobiography. he rallied against south africa, he gave political speeches, he community or
me as odd because she got the town a tax exemption after all. and so my students were able to bring to that the idea that maybe she was a little bit bullied as a girl and we do know from sources that around the age of 16 when she left home for the first time, her family household had become very regressive. her brothers were tattling on her about the fact that she was going off and talking to people in other towns and her father threatened to drown her if she went off to war. so, they try to marry her off and joan actually went on her own and fought a marriage contract and one. she was not the fun-loving girl. she was more of an average pious. she would go on little pilgrimages to places and again was a little bit odd according to the local people but she got her way. she went on two separate missions if you will, to see the captain to try to get him to center to the heir to the king of france and was only after the third interview with with the duke of lauren and at that point he gave the go-ahead for her. they had a very mixed kind of vendor view because he wanted things that she
hillbillies and what caused the 2008 recession are incorrect and that republican tax policy is beneficial for the country as a whole.
Search Results 0 to 22 of about 23